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to president obama as the marines carried those flag-draped caskets off the plane at andrews. . . i put my arms around the mothers and fathers. did we really learn anything new about the death of four brave americans? that's what continues to trouble me. the "kudlow report" begins right now. >>> all right, inside this bullish stock market, two major earnings reports after the bell tonight. first, netflix hugely surprised on the upside sending the stock soaring. and then apple profits beat, but revenues came in light and so did guidance leading to a 10% or $52 drop in the stock. wow. the extended stock market rally continued today. take a look at the gains on the major averages year-to-date. dow up 5.2% already. s&p up 4.8%. i have to believe this massive 16-month stock market rally. it goes all the way back to the fall of 2011. . . along with the u.s. energy revolution, aring if to help us this year on the economy. let's bring in our ace investors, david goldman, former head of income grout at bank of america and michael farr, author of "restoring our american dream, the best investment. abigai
time. i rather like it. let's build on it. can it pass the house? or will president obama step all over it in his speech tomorrow? now, get ready, folks, a pro-growth budget cutting across the board sequester spending cut is coming in nine days. don't listen to the big government spenders. we need budget cuts to grow the economy, shrink government and create confidence that we are not greece. and, oh, heck, my friend steve kroft lobbed a bunch of softballs at president obama and hillary clinton in his "60 minutes" interview last night. and you know what, folks, we still do not know what happened on that tragic, awful night in benghazi when four people were killed. the administration spun two separate stories, we still don't know the narrative. all that, the "kudlow report" starts right now. >>> first up tonight, it could prove to be the most significant immigration reform in years. bipartisan group of four democratic and four republican senators unveiling their blueprint this afternoon for border security, guest worker cards, more foreign brainiacs and employer verification, maybe even
. they want him to take the lead when it comes to reform. >> you heard president obama yesterday. i dare say he does not want spending caughts and i dare say he would be happy to see in reverses in government spending. so that does not jive with what the house is doing. >> that is a fair point. some critics say inside of the house conference there is a real fight. they want to take these bold stances on the ten year balanced budget so they can get some leverage to fund the government when it comes up for a vote in a couple of week. >> no, i think they are doing the lord's work. thank you very much. we have a couple of special guests to tell us more. democrat from vermont, shawn duffy, republican from wisconsin. to both of you gentlemen friends of this show i wish you a happy new year. mr. boehner attached a bublg et to this. >> there are no specific cuts. where in medicare or the pentagon are they going to cut? they have to specify that before you can have a serious conversation. i don't think members of congress should be playing with fiscal fire which is what we are doing when we use a tac
that looks better than you might think. and then on the political front, president obama's recess appointment to the nlrb declared unconstitutional. and louisiana governor bobby jindal calls republicans the stupid party. how about that? and then there is an unconfirmed scandal. i say unconfirmed. did senator bob menendez sleep with underaged dominican prostitutes? this is "the kudlow report" and we begin right now. >> all right. first up, our most optimistic story tonight, stock continue their bull run, the s&p 500 and dow closing in on their all-time highs from october 2007. brian shactman joins us now with all the details. good evening, brian and good work today. >> you touched on the s&p details having its best streak in terms of winning streaks days in a row in eight years but how about the dow. we're now 105 points shy of 14,000. eight components hit new highs today. beyond the five on your screen, utx, pfizer and p & g also doing it. now, speaking of history, historically life is good, larry, as you well know when the dow transports show leadership, up another 3% for the week. apple use
. obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little bit short of expectations at 21.46 billion dollars. eps a penny better at 76 cents. microsoft says when you count deferred revenue thing are actually a little bit better than that. a couple of highlights. windows, the windows group did better than expected at 5.8 billion in revenue. the business division did a little shy at 5.7. now jane wells has a little bit on starbucks, another big company. jane? >> reporter: john, shares have been up after hours. they were up over 3% at one point. starbucks reported its best holiday ever, best earnings per share ever at 57 cents. improving operator margins to 16.6%. stronger comp sales in the u.s. and china and the company says the turn around in europe is under way. but t
Search Results 0 to 4 of about 5

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